Xpansiv partners with Sydney-based firm for climate data analytics

Global carbon exchange Xpansiv has partnered with Sydney-based climate data analytics provider Vyzrd to help companies quantify financial risk from climate change, meet climate reporting requirements and implement supply chain decarbonisation.

Xpansiv plans to integrate its environmental commodity market data with Vyzrd’s climate risk and net-zero platform, it said.

The AI-enabled platform quantifies the financial, strategic and operational implications of climate change as well as environmental, social, and governance standards on company performance and valuation.

More than 30 countries, representing over 60% of global GDP, have introduced mandatory climate-related financial disclosure for companies, according to Xpansiv.